Description

This is a Multi-Family property the Fourplex located in East Hollywood East of US-1. It offers great potential as an investment or someone looking for additional income. The property consists of 4 one bedroom/one bath and 2 of the units have been completely remodeled and 1 of the unit been partly remodeled with tile flooring and new appliances. The units are on 4 separate meters and an additional house meter. 4 assigned parking a laundry room and a storage room. Great property in a very good location. GROSS INCOM:$69,420 ADDITIONAL INCOME FROM COIN OPERATED LAUNDRY. TOTAL EXPENSES $17,320. NET OPERATING INCOME $52,100.GREAT INCOME!!! 7% CAP

School Ratings & Info

Description

This is a Multi-Family property the Fourplex located in East Hollywood East of US-1. It offers great potential as an investment or someone looking for additional income. The property consists of 4 one bedroom/one bath and 2 of the units have been completely remodeled and 1 of the unit been partly remodeled with tile flooring and new appliances. The units are on 4 separate meters and an additional house meter. 4 assigned parking a laundry room and a storage room. Great property in a very good location. GROSS INCOM:$69,420 ADDITIONAL INCOME FROM COIN OPERATED LAUNDRY. TOTAL EXPENSES $17,320. NET OPERATING INCOME $52,100.GREAT INCOME!!! 7% CAP

1740
Madison St
Hollywood,
FL
33020

Price: $699,900

Status: Active

MLS #: F10195839

0

Beds

0

Baths

0

½ Baths

N/A

Acres

2,464

SQFT

$284

$/SQFT

1969

Built

Neighborhood:

Hollywood 1-21 B

County:

Broward

Area:

3030

Property Description

This is a Multi-Family property the Fourplex located in East Hollywood East of US-1. It offers great potential as an investment or someone looking for additional income. The property consists of 4 one bedroom/one bath and 2 of the units have been completely remodeled and 1 of the unit been partly remodeled with tile flooring and new appliances. The units are on 4 separate meters and an additional house meter. 4 assigned parking a laundry room and a storage room. Great property in a very good location. GROSS INCOM:$69,420 ADDITIONAL INCOME FROM COIN OPERATED LAUNDRY. TOTAL EXPENSES $17,320. NET OPERATING INCOME $52,100.GREAT INCOME!!! 7% CAP

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